ECB Governing Council member Martins Kazaks likened the fight against inflation to battling a dragon, stating in a blog post, “The dragon of inflation is pinned to the ground, a little more and it will Read more…
As of Wednesday, the EUR/USD pair is hovering near 1.0925 after experiencing a volatile session, with expectations for a more subdued week ahead. Recent statistical data highlighted higher-than-expected inflation in the US for February, prompting Read more…
GBP/USD is attempting a fresh increase from the 1.2745 zone. EUR/GBP is gaining pace and might extend its rally above the 0.8550 zone. Important Takeaways for GBP/USD and EUR/GBP Analysis Today The British Pound is Read more…
USDJPY trades sideways in anticipation of next week’s key events USDJPY’s correction halted a tad above the 200-day SMA Momentum indicators support the bearish trend but with less conviction USDJPY is trying to record a green Read more…
Gold prices rebounded off the 2,150 support level after creating a bearish correction from the strong rally towards the fresh all-time high of 2,195 on Friday in the 4-hour chart. The technical oscillators are showing Read more…
Nikkei NKD_F ended an impulse structure at 40565 high and we called wave 3 and the index started a wave 4 pullback. Down from wave 3, wave (i) ended at 40315 and wave (ii) ended Read more…
Markets US Treasuries sold off yesterday after sticky February US CPI inflation data. Headline inflation accelerated from 0.3% M/M in January to 0.4% M/M with core inflation sticking at that 0.4% M/M pace for a Read more…
Inflation in the US accelerated, not only in terms of monthly headline figure but everywhere, both core and headline, and both yearly and monthly figures came in hotter-than-expected. While gasoline prices counted among the major Read more…
Daily Pivots: (S1) 188.20; (P) 188.70; (R1) 189.42; More….. Intraday bias in GBP/JPY stays neutral for the moment. On the downside, below 187.94 will resume the decline from 191.29 to 38.2% retracement of 178.32 to Read more…
Daily Pivots: (S1) 160.54; (P) 161.08; (R1) 161.88; More… Intraday bias in EUR/JPY stays neutral at this point. On the downside, below 160.20 will resume the fall from 163.70 to 38.2% retracement of 153.15 to Read more…